Biden calls Supreme Court student loan ruling wrong, will deliver remarks
WASHINGTON (Reuters) – President Joe Biden on Friday called the U.S. Supreme Court ruling that blocked his plan to cancel…
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Student loan ruling may be windfall for US deficit reduction
By David Lawder WASHINGTON (Reuters) -The U.S. Supreme Court’s decision to strike down President Joe Biden’s student debt relief would…
Fed paper: Financial conditions tightest since crisis over a decade ago
By Michael S. Derby (Reuters) – The financial sector is taking the biggest bite out of U.S. economic activity since…
Fed trying to figure out if rates are high enough: Goolsbee
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Friday said that he and colleagues will be parsing what…
GM buys Israel-based software startup to detect early battery defects
(Reuters) – General Motors said on Friday it had acquired Algolion Ltd, an Israel-based software startup that helps detect problems…
Cyanide maker Draslovka mulls equity raise to drive new mining technology
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars…
US consumer spending hits speed bump; inflation picture mixed
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fizzled in May as households cut back on purchases of new…
European shares crawl higher in Q2
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares rose on Friday as lacklustre data on…
Ferragamo’s CFO Alessandro Corsi resigns
MILAN (Reuters) – Italian luxury group Salvatore Ferragamo said on Friday that its Chief Financial Officer Alessandro Corsi would resign…
US Supreme Court to decide legality of SEC in-house enforcement
By Andrew Chung (Reuters) – The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden’s…